Last week, Mr Opperman was named Parliamentary Undersecretary of State for Pensions and Financial Inclusion.
This role within the Department of Work and Pensions is a move from his previous position as a member of the Government’s whips’ office.
And Mr Opperman said his involvement in the creation of Tynedale Community Bank had prepared him for his new role.
He said: “It is a privilege to have this opportunity to undertake a role promoting financial inclusion and helping people prepare for later life, with both a state and private pension. Our work building Tynedale Community Bank over the past five years has been a huge inspiration.
“I know first hand that improving financial inclusion is key to helping some of the poorest and most marginalised in society.”
Launched in 2015, the community bank aims to provide a financial alternative to loan sharks and pay day lenders.
Mr Opperman’s responsibilities as junior minister will include the Single Financial Guidance Body, credit unions and post office card accounts.
David Gauke, the new Secretary of State for Work and Pensions, said: “It’s a privilege to be leading a department which touches the lives of so many people.
“The work we do here really matters, so I’m delighted to be leading a team of talented ministers committed to ensuring a welfare system which transforms lives and offers help to those who need it most.
“Together we will work tirelessly to deliver fairness and opportunity for all, whatever people’s background or where they are from.”
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here